28-34 Bowen Road, Hermit Park QLD 4812

PROPERTY HIGHLIGHTS 

OzCar - National Tenant Investment

DESCRIPTION​​​​​​
 

The OzCar investment benefits from an incredible location, high retail position on Bowen Road, positioned along one of Townsville's most active commercial corridors.

Located upon one of Townsville's busiest commercial arterial corridors. The site forms part of a proven automotive destination, benefitting from continuous exposure to Bowen Road and strong customer movement throughout the precinct. Its substantial corner landholding, flexible mixed-use zoning and secure national tenancy provide an attractive investment profile supported by long-term growth in Townsville (Hermit Park) area.

• OzCar Group is the nation's leading retailer of second-hand motor vehicles - operating 22 metropolitan and regional locations.

• An enormous site covering 3,423 sqm across three titles with a wide frontage and strong operational flexibility, ensuring long-term trading success.

• Automotive showroom, workshop areas and expansive vehicle display yard, suited to retailing, servicing and circulation.

• Multiple access points enabling efficient entry, exit and on-site vehicle movement.

• New lease structured at 2 years + 2 years + 2 years. The new lease structure incorporates a 6-month demolition clause exercisable after the initial 2-year term (subject to a development approval from council). This flexibility will afford future owner occupiers an opportunity to redevelop the site for their own use.

• Annual rental increases indexed to the greater of CPI or 3%, ensuring consistent income growth.

• Flexible Mixed-use zoning supporting future redevelopment for retail, medical, showroom, drive-thru or intensified automotive use (STCA).

• Current Net Income: $193,000* + GST per annum.

28-34 Bowen Road will be offered For Sale via Expressions of Interest closing Thursday, 19 February 2026 closing at 3:00pm (AEDT).

For further information or to receive a copy of our Information Memorandum, please contact the Exclusive Marketing Agents:

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